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Tag Archives: Northeast Mississippi

RVI announces sale of Tupelo’s Big Oaks Crossing

On June 30, Retail Value Inc. closed on the sale of Big Oaks Crossing in Tupelo for $21 million. Ninety percent of the net proceeds were used to repay mortgage debt associated with RVI with the remaining proceeds retained as cash. Subsequent to the transaction, RVI owns interests in 13 properties located in the continental U.S. and 12 properties in ...

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Plans for Tupelo’s four-story Fairpark building revealed

By DENNIS SEID / Daily Journal A proposed four-story building in Fairpark – part of the overall Fairpark Towers project launched three years ago – will contain commercial and residential space. An earlier version of this story said the building would be named “The Presley,” but that is no longer the case. Elvis Presley Enterprises in Memphis said the name ...

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Downtown boutique hotel to be named Hotel Tupelo, open in December 2021

By DENNIS SEID / Daily Journal TUPELO • The four-story, 80-room boutique hotel to be built in Fairpark in downtown Tupelo has an official name: Hotel Tupelo, and it should be completed by December 2021. The name is a nod to the past, as a Hotel Tupelo once stood downtown. Its Blue Room was where the Community Development Foundation got its ...

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Cooper Tire to begin process of reopening plants next week

After being closed for five weeks, the Cooper Tire plant in Tupelo will start the process of reopening next week. The plant, which opened in 1984, employs some 1,300 workers. Cooper officials announced today that its manufacturing plants in the U.S. and Serbia “will begin the process of reopening and ramping up production next week.” U.S. plant locations include Findlay, ...

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Five airlines submit bids for Tupelo Regional Airport

By DENNIS SEID / Daily Journal Air service has seen a remarkable turnaround in Tupelo the past four years under Nashville-based Contour Airlines, reaching passenger boardings unseen in a decade. “It’s good to see so many interested in service in Tupelo,” said airport Executive Director Cliff Nash. The current contract expires Sept. 30, and four other airlines are proposing to ...

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Sheriff: Suspect’s mother among 6 arrested in fatal shooting

The fatal shooting of a Mississippi man led to the arrests of six people, including the mother of one of the suspects. John Michael Ross Berryman, 21, was found shot on Friday along a state highway in Prentiss County, Sheriff Randy Tolar said in a statement Monday. Berryman was pronounced dead on the scene, news outlets reported. Trakendric Neal Young, 18, was ...

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Mississippi businesses shift production during pandemic

As the nation hunkers down and people shelter in place amid the coronavirus pandemic, several Mississippi businesses have stayed open, switching gears to make much-needed products. A jeans company is making face guards, a coffeehouse is making loaves of bread and distilleries are making hand sanitizer. They’re hoping to keep their employees working as they help fellow Mississippians battle the ...

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Tupelo No. 2 ‘micropolitan’ area in one survey, No. 102 in another

By JACK WEATHERLY Two recent reports on “micropolitan” areas are markedly different because of how they measure economic strength. Oxford ranked No. 8 among 542 areas whose populations range from 10,000 to 50,000 in a report from the Policom Corp. Oxford is not even mentioned in a ranking of such areas in a report from Site Selection magazine. Tupelo was ranked 102nd in ...

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Elvis museum helps drive business in Tupelo

By LYNN LOFTON He’s been deceased 43 years but Elvis Presley is still making money for Tupelo, his hometown. The Lee County city is about all things Elvis — his birthplace and museum, a festival and sites around town such as the hardware store where he purchased his first guitar and the restored Lyric Theater where he saw movies and ...

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Toyota adding 1.2 million vehicles to fuel pump recall

In January, Toyota recalled nearly 700,000 vehicles in the U.S. for the same problems. Engine stalling can increase the risk of a crash, although the company wouldn’t say if there have been any. Toyota Motor Corp. is adding 1.2 million vehicles to a major recall in the U.S. to fix possible fuel pump failures that can cause engines to stall. ...

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